Guangdong province specialized special new small and medium-sized enterprises, China's diamond tool industry one of the leading enterprises Benlang new material closed up slightly.

Release time:

2024-06-26 11:43

May 22, listed companies on the North Stock ExchangeBenlang New Material(836807) Up, closing at 4.98 yuan/share, up 1.84.

Tongbi Finance learned that the company is a company focused onDiamondThe research and development, production and sales of tools are high-tech enterprises in China.diamond toolsOne of the leading enterprises in the industry, in the global ceramic processing diamond tool segment market share ranked first. The company's products include diamond tools (including resin bond diamond tools, metal bond diamond tools and precision machining diamond tools), rare earth permanent magnet components and silicon carbide tools, among which diamond tools are the company's main products.

The company passed the Guangdong Province specialized special new small and medium-sized enterprises identified; was awarded the "national intellectual property advantage enterprises"; the company's resin bond diamond tools were awarded the Guangdong Province manufacturing single champion products. As of 2023.12.31, the company has obtained 138 patents, including 41 invention patents and 97 utility model patents.

Diamond tools are widely used in the field of ceramics and stone processing. As a necessary consumable in the process of ceramic processing, stone mining and processing, it has a broad market demand. The change of market demand is mainly affected by the fixed asset investment, technological transformation and industrial policy of the downstream industry. The overall growth rate of the ceramic and stone processing market has slowed down and ushered in structural adjustment, but green upgrading is expected to become a new driving force for the development of the industry.

With the development of diamond tool technology, diamond tools, as "industrial fast-moving consumer goods", are used in various mechanical equipment, which can improve the processing efficiency and processing quality of mechanical equipment, and have become one of the irreplaceable basic equipment tools in modern industry. According to the forecast of Industry ARC, the global diamond tool market will exceed $4.37 billion in 2026, and the compound annual growth rate from 2021 to 2026 will exceed 6.7 percent.

With the development of architectural design, stone has already become one of the important materials for construction, decoration, road and bridge construction,superhard materialProducts throughout the entire industry chain, from the initial stone mining to processing requires the use of a large number of wire saws,saw blade, grinding wheels, saws and other super-hard material products. According to the statistics of China Stone Association, in 2023, the number of enterprises above designated size in the stone industry was 3,526, an increase of 189 over the same period last year. The technological progress and product upgrading of stone mining, processing equipment and supporting diamond tools are pushing domestic mining and processing into a new era of energy-saving and material-saving and green environmental protection development.

According to the data of the Machine Tool Industry Association, the consumption of China's metal processing machine tool market in 2023 is 181.6 billion yuan. Driven by the demand for equipment processing quality and efficiency improvement in military industry, energy, automobiles and other fields, some application fields of machine tool tools are showing a growth trend.

In terms of performance, according to the company's disclosed 2024 quarterly report, the company achieved operating income of 0.1142 billion yuan and net profit of 9.287 million yuan.